The 2015 season for Vero Beach real estate market continued strong in March despite the low inventory which in some cases is hurting sales. Sales in March 2015 increased by meager 2% compared to the same period last year, while inventory decreased by 12%. Fewer single family homes and condos were sold on the island… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report March 2015
The Vero Beach real estate market for single family homes in March 2015 was active but although we saw more sales than in February, there were 6% fewer sales than the same period in 2014. The lack of inventory has definitely affected sales. The good news is that pending sales increased by 24.7% compared to… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report March 2015
The Vero Beach estate market report for condos on Barrier Island in March 2015 shows that the market activity for condos was stronger than February, but sales were not as strong as the same period in 2014 due to lower inventory levels. The seller’s market continues below $400,000 and in $600,000 to $650,000 price ranges… [Read more…]
Vero Beach Mainland Real Estate Market Report March 2015
The Vero Beach real estate market on the mainland was strong in March 2015 with more sales pending and more actual sales than in February and last year. The increase in sales is encouraging as the season comes to an end. Sales prices are still appreciating and increased by 10% compared to the same period… [Read more…]
Low inventory is impacting Vero Beach Real Estate Market
The low inventory is impacting Vero Beach real estate market and especially the market on the barrier island. This February 2015, fewer single family homes and condos were sold on the island (zip code 32963), than the same period last year. The real estate market for high end homes and condos in Vero Beach is… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report February 2015
The Vero Beach real estate market activity for single family homes in February 2015 slowed down slightly although were more sales than in January, but fewer sales than the same period in 2014. Median of sale prices also decreased by 6% compared to the same period last year. However, we continue seeing interest in waterfront… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report February 2015
The estate market report for condos on Vero Beach Barrier Island in February 2015 shows that the market activity for condos on the barrier island was not as strong as the previous year, and price appreciation has slowed down as more condos are coming on the market. The seller’s market continues below $400,000 and in… [Read more…]
Vero Beach Mainland Real Estate Market Report February 2015
The market regained its strength in February with more sale pendings and more actual sales than in January. The increase in sales is encouraging as the season unfolds. Sales prices are still appreciating and increased by 14% compared to the same period in 2014. However, inventory still remains at high levels which may put a… [Read more…]
Sebastian Real Estate Market Report February 2015
In February 2015 we saw an active market for the Sebastian Real Estate Market with more increases in sale prices and further reduction in the inventory which bodes well for the real estate market in Sebastian Florida. The information in this Real Estate Market Report gets updated on a monthly basis and is interactive with… [Read more…]
Merritt Island Ultra Luxury Estate
This magnificent ultra luxury estate in Merritt Island of Brevard County is one of Florida’s east coast finest mansions. This spectacular riverfront estate is located on approximately 10 acres of private property that spans from the Banana River to Indian River on the southern tip of Merritt Island. Its five bedrooms eight and a half… [Read more…]